The UK arm of international real estate company Hines said it has sealed a total £410 mln (EUR 550 mln) financing package for its Cannon Street office redevelopment project in London. Specifically, it has agreed upon a £ 300 mln debt package with HSH Nordbank, as well as a £ 110 mln equity co-investment agreement with Candar Finance SARL, a private investment vehicle owned by the principal shareholders in UK-listed, Russian property developers PIK.
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